The Swedish fashion apparel brand H&M opened its second store in Guangzhou at Grandview Mall on October 14, 2010, following the opening of the first at China Plaza.

The China Banking Regulatory Commission has granted Swedbank a local currency license to use the Renminbi.

Wayne's Coffee, one of the largest cafe chain brands in North Europe, has opened its first Chinese shop at Beijing's Oriental Plaza.

Chongwen district in Beijing has announced that, following renovation, Qianmen street will re-open at 11:08 on September 28, 2009, and the 103 stores along the street will all be open for business.

Swedish apparel retailer H&M has announced plans to vigorously expand in the Chinese market during 2009 by opening five new specialty stores in Beijing, Shanghai, and Hong Kong.

Hembly International Holdings plans to sell its 83.33% stake in a distribution and retail company on the Chinese mainland for CNY100 million, regardless of a loss of CNY50 million resulting from this transaction.